Capitalism
A new congressional report commissioned by Bernie Sanders finds that the 1 percent now own one-third of all wealth, while the bottom half of Americans hold only 2 percent. It’s another sign of the slide into oligarchy that Sanders has warned about for years. Last summer, Bernie Sanders’s YouTube channel released a short clip entitled simply “Oligarchy
Capitalism
The bill would lock workers out of basic labor rights and protections, while preventing states from enforcing higher standards. In late July, Democratic Texas Rep. Henry Cuellar along with Republican co-sponsors Elise Stefanik of New York and Michelle Steel of California introduced a bill that, if passed, would gut labor law and exempt millions of
Capitalism
The World Trade Organization has encouraged agricultural monopolies and cheap labour, and created vulnerable supply chains When delegates arrive in Geneva today for the long delayed World Trade Organization (WTO) summit, they will find an institution in the middle of an existential crisis. For 18 long months, the WTO has been debating a moderate proposal from South
Capitalism
A treacherous alliance is growing that will undermine democratic institutions in the US and elsewhere. The United States presents itself as the beacon of democracy in contrast to the autocracies of China and Russia. Yet American democracy is in danger of succumbing to the same sort of oligarchic economics and racist nationalism that thrive in
Capitalism
The filibuster is not about democratic checks or minority rights. The filibuster is about giving corporations veto power over the economy — which is why Joe Manchin and Kyrsten Sinema defend it. As Senators Kyrsten Sinema (D-AZ) and Joe Manchin (D-WV) defend the filibuster and block voting rights legislation, corporate media keeps repeating the lie